JTH's Account Talk

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I'm sure glad I own a few trains and related industry - watch for improvement in the baltic dry index next.
 
Timing is everything, I couldn't muster up enough conviction to buy the last dip (it was shallower then I expected) and I'm having a hard time wanting to be a buyer when I see the weakness in $TRAN's declining 20 SMA.

Were I invested and looking for some short-term gains, today might make for a great exit.

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Oscar seems to think the fact that the transports and nasdaq have not put in a double top yet, means stocks have room to run up. I was thinking it was a negative since "the leaders" were lagging. I hate to fight the big O, but today's lower lows in the major indexes look like potential trouble for the short-term. A strong close today (like an outside day to the upside) could change that, however.
 
IFT 100% F-Fund

tsptalk said:
Oscar seems to think the fact that the transports and nasdaq have not put in a double top yet, means stocks have room to run up. I was thinking it was a negative since "the leaders" were lagging. I hate to fight the big O, but today's lower lows in the major indexes look like potential trouble for the short-term. A strong close today (like an outside day to the upside) could change that, however.
Click to expand...

Thanks Tom, that's not something I would think of myself, I'll have to watch the video. I still think we are topping out right here, but the next pullback could be shallow like the previous one, we'll just have to wait and see.

In the meantime I've gone 100F, while I wait out and watch stocks with an open (non-invested) mind. :rolleyes:
 
Most folks probly think I'm crazy for not being invested in stocks. Last January I started off the month being down over -13% I've been gun shy the last few months while I conservativily work my way out of the hole.

Not a great start for a 100% alloaction into the F-Fund. I wasn't expecting an opening gap under the 20 SMA. Such is life when you're riding the F-train.

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tsptalk said:
Oscar seems to think the fact that the transports and nasdaq have not put in a double top yet, means stocks have room to run up. I was thinking it was a negative since "the leaders" were lagging. I hate to fight the big O, but today's lower lows in the major indexes look like potential trouble for the short-term. A strong close today (like an outside day to the upside) could change that, however.
Click to expand...

Oscar's calling 'em right... he's on a hot streak. The weekly s&p chart is interesting... wish I could figure out how to post it but the file size is too large.
 
mayday said:
Fedgolfer try this to post a file too large.;)

http://tinyurl.com/
Click to expand...

the meat and substance of my charts via stockcharts.com, are the annotated trendlines that aren't embedded into a URL. Once I draw them, I save them as bitmap files via pbrush.exe... but the picture files are too big to post. Unfortunately, they're not URLs. :(
 
fedgolfer said:
the meat and substance of my charts via stockcharts.com, are the annotated trendlines that aren't embedded into a URL. Once I draw them, I save them as bitmap files via pbrush.exe... but the picture files are too big to post. Unfortunately, they're not URLs. :(
Click to expand...

You got me stumped there. You will have to ask one of the moderators for a solution to that problem. Sorry Dave
 
fedgolfer said:
the meat and substance of my charts via stockcharts.com, are the annotated trendlines that aren't embedded into a URL. Once I draw them, I save them as bitmap files via pbrush.exe... but the picture files are too big to post. Unfortunately, they're not URLs. :(
Click to expand...
Save the pics as JPG, JPGG, if they are too big save them as a GIF!! You can do that in MSPAINT!:D
 
fedgolfer said:
the meat and substance of my charts via stockcharts.com, are the annotated trendlines that aren't embedded into a URL. Once I draw them, I save them as bitmap files via pbrush.exe... but the picture files are too big to post. Unfortunately, they're not URLs. :(
Click to expand...


Try saving them as the .png extension, I find they shopw up with the best quality anyways.

Also, if they are bigger then 850x639 they will still post, but they will be blurry
 
Just so we are clear, I am not happy with my perfomance this month. Unable to judge the shallow previous pullback, unable to commit to the "staring you in the face" upswing. There I go sounding like a viagra ad. Price pays regardless of what I think it's worth...

On a lighter note: The number of S&P 500 stocks above their 50, 150, & 200 SMA still has more room to the upside, should this upswing decide it's not finished.

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JTH said:
There I go sounding like a viagra ad. Price pays regardless of what I think it's worth...
Click to expand...
Just remember; holdings lasting longer than 4 hours could lead to serious financial repercussions...contact your broker if this should happen to you..
 
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